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Asset Sale for Student Relief Business

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$50,000 Undisclosed Undisclosed

Business Summary:
LISTING ID # 33042Here is an opportunity to purchase an established lucrative franchise business model at a great discount. This is a semi absentee business in the student loan consolidation industry. The original license is valued at over 150k. This is a full license with a great back-up support team as well as hardware and software. Full training from the lead office of this business-up to 6 weeks, as well as ongoing training for new reps. As the owner of this business, you can hire as many sales reps as you would like to grow your business. The student pays a fee to process their application. The business handles the intake of the documentation and the entire consolidation process which takes approximately 90 days is handled by a back-office. The original business model is advertised as earning a Gross Income of $360,000 and a conservative cash flow after all expenses of $240,000. A buyer will receive 100% proof of this business proven track record. The owner of this business operated for three months and earned a net cash flow of $25,000 but discontinued the business because he did not have the time and the additional working capital needed to grow this business. Please contact broker Eli Stiefel 845.445.9045 or email [email protected] for more information.Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33042 for instant access to this business information.

 
   
   
Owner willing to train: Seller will train  
   
Reason for selling: Other business interests  

 

 

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